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Also available:
World English Dictionary
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quantity theory
quan·ti·ty the·o·ry
noun
Definition:
theory relating prices to money circulation:
the theory that prices vary with the amount of money in circulation and the rate at which it circulates
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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